A former AI founder is set to face criminal charges after it was found that his supposed artificial intelligence platform was powered by human operators.Albert Saniger, the former chief executive of e-commerce startup “nate” is facing securities fraud and wire fraud charges after it was alleged he sold his investors on an AI-powered online shopping … Read more
As Southeast Asia rapidly embraces digital transformation, chief operating officers (COOs) find themselves at the forefront of navigating new challenges, particularly in the realm of identity verification and fraud prevention. The region, with its burgeoning online financial services, faces an alarming rise in identity fraud, necessitating robust solutions to safeguard both businesses and consumers. The … Read more
Five lawyers in TDI’s Fraud Unit work in district attorney’s (DA) offices in Tarrant, Bexar, Dallas, Harris, and Travis counties to prosecute insurance fraud. The program’s chief prosecutor, Kyson Johnson, helped start the program 20 years ago. What value does TDI bring to DA’s offices? TDI’s embedded lawyers know about complex insurance issues and can … Read more
Feb 01, 2025Ravie LakshmananCybercrime / Fraud Prevention U.S. and Dutch law enforcement agencies have announced that they have dismantled 39 domains and their associated servers as part of efforts to disrupt a network of online marketplaces originating from Pakistan. The action, which took place on January 29, 2025, has been codenamed Operation Heart Blocker. The … Read more
Fraud verification, particularly in the context of Korea’s private Toto sites, is a critical procedure aimed at safeguarding users from scams and ensuring the integrity and reliability of these online betting platforms. Given the proliferation of private Toto sites, which operate outside the purview of the official Korean sports betting system (Sports Toto), the risk … Read more